Browsing All Posts filed under »Failed Companies«

Scared of Shorting

February 9, 2011


In my professional experience as both an equity and credit analyst I have never been involved in analysing any short positions – neither firm I worked for managed any funds which had the ability to bet against the shares and bonds of companies. However, I have recently opened a CFD (contract-for-difference) account which allows me […]

The Tale of Britannia Bulk

August 3, 2010


While I am unaware of the record shortest time from initial public offering to bankruptcy, Britannia Bulk must certainly be in contention for this not-so-prestigious honour. The company raised $116m to float on the NYSE on 18th June 2008, but by 31st October 2008 had filed for administration in the UK courts. Britannia Bulk was […]